Massive passenger slump recorded at Frankfurt Airport and Fraport's Group airports worldwide – Relatively low decline in FRA's cargo volumes  

FRANKFURT, Germany, Jan. 18, 2021 /PRNewswire/ — FRA/gk-rap – Frankfurt Airport (FRA) welcomed some 18.8 million passengers in 2020, representing a decrease of 73.4 percent compared to 2019. With the outbreak of the Covid-19 global pandemic, Frankfurt Airport started to experience a major decline in passenger traffic in mid-March 2020. Between April and June, traffic almost came to a complete standstill – with weekly passenger figures plummeting by up to 98 percent year-on-year. Following a slight traffic recovery in the third quarter of 2020, a new rise in coronavirus infection rates led to intensified travel restrictions. This resulted in passenger numbers falling sharply once again in September and remaining low for the rest of the year. 

Fraport AG's executive board chairman, Dr. Stefan Schulte, commented: “The year 2020 brought extreme challenges to the entire aviation industry. In Frankfurt, passenger volumes dropped to a level last seen in 1984. Cargo traffic was one of the few bright spots, reaching almost the same level as in 2019 – despite the loss of “belly freight” capacity on passenger aircraft. Aviation played a vital role in ensuring the supply of essential medical goods to the world's population, particularly during the first lockdown.”

Aircraft movements at Frankfurt Airport contracted by 58.7 percent year-on-year to 212,235 takeoffs and landings in 2020. Accumulated maximum takeoff weights (MTOWs) shrank by 53.3 percent to about 14.9 million metric tons. In comparison, cargo throughput (airfreight + airmail) registered a relatively minor dip of only 8.3 percent year-on-year to just under 2.0 million metric tons.

In December 2020, FRA's passenger traffic slumped by 81.7 percent to 891,925 travelers. With 13,627 takeoffs and landings, aircraft movements declined by 62.8 percent compared to December 2019. MTOWs were down 53.6 percent to about 1.1 million metric tons. Cargo throughput grew by 9.0 percent to 185,687 metric tons in December 2020, rising for the third consecutive month.

Looking forward, CEO Schulte said: “Because of the recent launch of vaccination programs throughout many countries, we are optimistic that travel restrictions will be gradually lifted beginning in the spring.  Therefore, we expect Frankfurt's passenger traffic to rebound noticeably in the second half of 2021. Nevertheless, we have to realize that a difficult year lies ahead of us. While we are confident passenger traffic will exceed last year's level, we still expect Frankfurt to reach only 35 to 45 percent of the 2019 level.”

Fraport's international portfolio also hit by sharp traffic declines  

Across the Group, the airports in Fraport's international portfolio also recorded a sharp decline in passenger traffic during 2020. However, the Covid-19 pandemic impacted the individual Group airports to varying degrees over the months. At times, regular passenger operations were even suspended at some airports (Ljubljana, Antalya and Lima). In addition, wide-ranging travel restrictions affected most of the Group airports beginning in the spring.

Traffic at Slovenia's Ljubljana Airport (LJU) fell by 83.3 percent last year to 288,235 passengers (December 2020: down 93.7 percent). The Brazilian airports of Fortaleza (FOR) and Porto Alegre (POA) together received about 6.7 million passengers, representing a 56.7 percent decrease year-on-year (December 2020: down 46.2 percent). Peru's Lima Airport (LIM) reported a 70.3 percent slide in traffic to around 7.0 million passengers (December 2020: down 61.6 percent).

Serving a total of about 8.6 million passengers in 2020, the 14 Greek regional airports experienced a 71.4 percent plunge in traffic (December 2020: down 85.3 percent). Combined traffic at the Twin Star airports of Varna (VAR) and Burgas (BOJ) on the Bulgarian Black Sea coast decreased by 78.9 percent to about 1.0 million passengers (December 2020: down 69.7 percent).

Antalya Airport (AYT) in Turkey registered a 72.6 percent decline in traffic to about 9.7 million passengers (December 2020: down 69.8 percent). Last year, Russia's Pulkovo Airport (LED) in St. Petersburg saw traffic drop by 44.1 percent to about 10.9 million passengers (December 2020: down 38.5 percent). Xi'an Airport (XIY) in China achieved a slight recovery in the course of the year, following a strong reduction in traffic during the spring. In 2020, XIY registered about 31.0 million passengers – a 34.2 percent decrease year-on-year (December 2020: down 14.8 percent).

Print-quality photos of Fraport AG and Frankfurt Airport are available for free downloading via the photo library on the Fraport Web site. For TV news and information broadcasting purposes only, we also offer free footage material for downloading.  If you wish to meet a member of our Media Relations team when at Frankfurt Airport, please do not hesitate to contact us. Our contact details are available here.

 

For further information about Fraport AG please click here.

 

 

 

 

 

 

 

BANGALORE, India, Jan. 18, 2021 /PRNewswire/ — 42Gears today announced its capability to enable kiosk mode on Linux devices using the 42Gears mobile device management (MDM) solution, SureMDM. 42Gears SureMDM is now capable of managing, monitoring, and securing Linux, Android, iOS, iPadOS, and Windows devices from a single pane of glass.

Although Linux already had a kernel lockdown feature that prevented developers from modifying the kernel in any way, businesses still needed a mechanism that could help them convert Linux devices into dedicated purpose tools if required. However, MDM solutions capable of locking down Android, iOS, iPad OS, and Windows devices lacked the capability to lockdown Linux devices. Thus, until now, businesses using Linux devices along with devices based on other operating systems had to use two separate platforms to enable kiosk mode on their enterprise devices.

“It's both effort- and cost-intensive for businesses to use a different solution to enable kiosk mode on Linux devices. This is the problem Linux Profiles addresses – it helps businesses restrict user access to approved apps and settings only using SureMDM, which is already capable of enabling kiosk mode on non-Linux devices,” said Prakash Gupta, CTO and co-founder of 42Gears. “This naturally means that businesses will no longer need two different solutions to manage Linux as well as other platforms. This will certainly have a positive impact on the total cost of ownership, while easing device management even further.”

Apart from enabling kiosk mode on Linux devices, Linux Profiles can also help businesses in:

• User Management – IT admins can add or remove users, grant or revoke admin access, and allow users to access machines during specific windows of time
• Wi-Fi Configuration – It is now possible for IT admins to remotely configure Linux devices with wireless network credentials
• System Settings – This feature will allow IT admins to remotely control peripherals, install or update packages, and modify settings for Wi-Fi, Clipboard, and more
• URL Blocking – IT admins can now block access to specific URLs on remote machines

Linux Profiles is already available for use by 42Gears customers ready to manage their Linux devices through SureMDM. Please email [email protected] with any inquiries. To learn more, visit the 42Gears Linux web page.

About 42Gears

42Gears is a leading Unified Endpoint Management solution provider, offering SaaS and on-premise solutions to secure, monitor, and manage all business endpoints, such as tablets, phones, desktops, and wearables. 42Gears products support company-owned as well as employee-owned devices built on Android, iOS, iPadOS, Windows, macOS, Wear OS, VR, and Linux platforms. 42Gears products are used in various industries, such as healthcare, manufacturing, logistics, education, and retail. 42Gears products are trusted by over 10,000 customers in more than 115 countries. For more information, please visit https://www.42gears.com.

Logo: https://mma.prnewswire.com/media/517153/42Gears_Mobility_Systems_Logo.jpg

• Hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance
• Optimize the Group’s financing costs and extend debts duration

HONG KONG SAR – Media OutReach – 6 January 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to announce that CIFI successfully issues senior notes with an aggregate principal amount of US$419 million. The senior notes are at a coupon rate of 4.375% and yield of 4.4% with a 6.25-year maturity period, which hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance.

 

The issue attracts enthusiastic response, with total orders at peak time exceeding US$4.8 billion, which was over 11 times of the total issue size. 82% of total issuance is allocated to Asian investors, while the remaining 18% is allocated to European investors. The final allocation to institutional investors is 72%, which consists of world-renowned and large-scale asset management companies and long-term investors. The subscription results and market response reflect the high recognition of CIFI by the investors in the capital market. The proceeds of the note will be used for re-financing of the Group’s existing indebtedness.

 

Credit Suisse, Haitong International, HSBC, J.P. Morgan and Standard Chartered Bank are the joint global coordinators, while Credit Suisse, Haitong International, HSBC, J.P. Morgan, Standard Chartered Bank, The Bank of East Asia, Limited, BOSC International, China CITIC Bank International and Yue Xiu Securities are the joint bookrunners and joint lead managers of the issuance.

 

Mr. Lin Zhong, Chairman of CIFI, said “We are pleased to see the strong demand for the notes issue. The issue hits the Group’s record for the longest maturity period and the lowest coupon rate of the offshore bond issuance, and it reflects investors’ recognition and support of business prospects of CIFI. The Group will continue to implement prudent financial management and build long-term investment value.”

 

About CIFI (Group):

Headquartered in Shanghai, CIFI is one of China’s top real estate developers. CIFI principally focuses on developing high-quality properties in first-, second- and select third-tier cities in China. CIFI develops various types of properties, including residential buildings, offices and commercial complexes.

 

To learn more about the Company, please visit CIFI’s website at: http://www.cifi.com.cn